Tribune News Network
doha
The Investment Promotion Agency (Invest Qatar) concluded a highly successful participation in the prestigious Luxury Property Show (LPS) Shanghai 2024, Asia-Pacific’s leading luxury real estate exhibition. Held from December 6–8, the event attracted over 140 luxury real estate companies, elite investors, and prominent property experts from around the globe.
Invest Qatar, in collaboration with the Real Estate Regulatory Authority (Aqarat) and prominent Qatari real estate developers such as Qatari Diar, Qetaifan Projects, and United Development Company (UDC), represented Qatar at the exhibition under the banner of the Qatar Pavilion. This strategic presence showcased Qatar’s burgeoning real estate sector and its array of luxury property options, reinforcing the country’s reputation as a prime destination for global investment.
The Qatar Pavilions highlighted the nation’s world-class infrastructure, strong economic foundations, and progressive real estate reforms. These elements, combined with Qatar’s favorable business environment, make it an attractive location for international property investors.
Qatar CEO Sheikh Ali Alwaleed Al Thani said, “We were pleased to participate in LPS Shanghai 2024 and showcase Qatar’s conducive business environment. This platform allowed us to connect with potential investors, discuss Qatar’s unique opportunities, and highlight why the country
is emerging as a top global destination to live, work, and do business.”
Aqarat Chairman Eng Khalid bin Ahmed Al Obaidli said, “Our participation in LPS Shanghai was a significant step in promoting Qatar’s real estate sector to a global audience. The event enabled us to emphasize the benefits of investing in Qatar’s property market and initiate meaningful conversations with investors, which we look forward to continuing.”
The real estate sector in Qatar has witnessed a remarkable growth of 34 percent between 2015 and 2023, fueled by factors such as high GDP growth, a rising population, increased employment opportunities, and favorable governmentpolicies.
Qatar’s transformative property ownership reforms, which allow non-Qataris to own property in designated areas and offer benefits like permanent residency and commercial investment rights, have been a key driver of this growth.
LPS Shanghai 2024 provided a platform for Qatar to demonstrate its diverse property offerings and unparalleled quality of life, reaffirming its position as an ideal destination for real estate investments. As Qatar continues to implement forward-thinking policies and attract global investors, its real estate sector is poised for even greater success on the world stage.
Qatar’s participation in LPS Shanghai not only showcased its transformative projects but also reinforced its role in shaping the future of the country’s real estate and tourism sectors.
